Quick charity verification for Meadowlands Chamber Of Commerce (EIN: 221616519)
Verdict: Meadowlands Chamber Of Commerce appears trustworthy
75/100Mission Score
$1.8MRevenue
$2.3MAssets
0Red Flags
3Strengths
No red flags identified.
Strengths
Consistent revenue generation over the past 8 years, averaging around $1.5 million annually.
Significant growth in assets from $539,800 in 2017 to $2,349,727 in 2023, indicating strong financial health.
Healthy liquidity, with liabilities consistently lower than assets, and a substantial increase in net assets over time.
Spending Breakdown
How Meadowlands Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Meadowlands Chamber Of Commerce
Is Meadowlands Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Meadowlands Chamber Of Commerce (EIN: 221616519) appears trustworthy. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
Is Meadowlands Chamber Of Commerce a good charity to donate to?
Meadowlands Chamber Of Commerce has a Mission Score of 75/100. Revenue: $1.8M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Meadowlands Chamber Of Commerce?
The Employer Identification Number (EIN) for Meadowlands Chamber Of Commerce is 221616519. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Meadowlands Chamber Of Commerce spend its money?
Meadowlands Chamber Of Commerce allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Meadowlands Chamber Of Commerce's tax-exempt status?
You can verify Meadowlands Chamber Of Commerce's tax-exempt status using EIN 221616519 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Meadowlands Chamber Of Commerce is a unknown nonprofit based in Lyndhurst, New Jersey, with reported revenue of $1.8M and assets of $2.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation cannot be assessed from the provided data, as specific compensation figures are not included in the summary. Revenue has grown +19% across 13 filing periods.